Press release
Huge Growth Expected in Latin America Physiotherapy Tapes & Bandages Market in Future
This growth will be fueled by factors such as high prevalence of chronic diseases, rise in awareness programs by public and private organizations, high incidence of road accidents and sports injuries, and product affordability and easy availability, in the region.
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The World Health Organization (WHO) states that the death rate per 100,000 people due to road accidents was 10.2% in Chile, 24.8% in Ecuador, 13.4% in Argentina, 21.5% in Colombia, 13.7% in Peru, 40.8% in Venezuela, and 20.2% in Brazil, in 2018. Road accidents cause severe injuries and fractures, which require surgeries. Post-operative care often involves physiotherapy tapes and bandages to reduce or overcome the effects of the disability caused by accidents. Thus, the increasing cases of road accidents will fuel the demand for these tapes and bandages in the region.
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Currently, the LATAM physiotherapy tapes and bandages market is witnessing a trend of advancement in physiotherapy products. This maintains an interdisciplinary and wide approach to reflect the collaboration between scholars, practitioners, and physiotherapists from other disciplines. Sports medicine physicians or physiotherapists offer information regarding different applications of the tapes and bandages. Additionally, manufacturers and developers are deploying heating technology in these bandages and tapes, as this technology provides a pain-relieving sensation at injury sites or joints. These advancements, will, therefore, escalate the usage of these products in the future.
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